Nokia has just revealed its Q4 2011 financial results and the figures aren’t exactly what we call as “superb” in nature. The company posted an operating loss of €954 million for the last three months of 2011. In concern with the sales of Nokia Lumia windows phone, the company topped with 1+ million units sales in its kitty. The report also revealed that Microsoft...

RealNetworks Inc. has announced that is has signed an agreement to sell a “significant number” of its patents – approximately 190 patents and 170 patents applications and its next generation video codec software to Intel Corporation for a purchase price of $120 million. “Selling these patents to Intel unlocks some of the substantial and unrealized value of RealNetworks assets,” said Thomas Nielsen, RealNetworks President and CEO. “It represents an extraordinary opportunity for us to generate additional capital...

Google, through its blog post, announced a new service known as Google Public Alerts, a platform designed to bring relevant emergency alerts when and where you’re searching for them. The Google Crisis Response team works on providing critical emergency information during crises with the goal to surface emergency information through the online tools you use daily,...

Good news for the Nintendo lovers – the company reported that the Wii U will launch in the US, Japan, Europe and Australia by the end of 2012. Nintendo president Satoru Iwata has told reporters. This is the first time that the news got confirmed. The announcement also states that there are strong chances that we are likely to know Wii U specifications and details...

Google’s leader of Chromebook, Rajen Sheth, announced a deal this week with three school districts in the US that will bring 27,000 Chromebooks to students in Iowa, Illnois and South Carolina. Sheth announced about the deal in a speech to the Florida Educational Technology Conference. “A lot of schools are on OSes that are 5 to 10 years old because of the cost...

A car prototype that folds into itself to save parking space, you might be wondering do something like this too even possible. The answer is yes, it is possible – Meet Hiriko. Hiriko is a two-seater electric car, is the result of a partnership of Basque businesses, the Spanish government and the US’s MIT Media Lab. The car is powered by four in-wheel motors, will...

Apple earlier this month acquired Israel based flash memory maker company Anobit – at that time it is speculated that Apple plans to set its development center in Israel focusing on to gain access to its technology. But today business daily Calcalist is claiming that the company will open a research center there by the end of February. The company reportedly received “several hundred of resumes” for various engineering positions. Specifically, Apple is seeking hardware engineers in chip development area with strong emphasis on...

Have you ever wondered food and Facebook credits go side by side? A new startup name Plink announced a Facebook-credit based loyalty program tomorrow, partnering with chains including the loveable foodies companies – Dunkin’ Donuts, Red Robin and Taco Bell. Users join Plink by logging on with their social network identities and securely registering their credit/debit...

According to 9to5 Mac, Foxconn worker in China told them that the next edition of iPhone – the iPhone5, is gearing up for production and will be in the market by March. The report confirmed that various sample devices rumors are spread all around. Possible “iPhone 5” Specifications: 4+ inch display (made by LG on at least one of them). No teardrop-shaped...

In a new tug of war between Motorola Mobility and Apple, Motorola Mobility has filed a new lawsuit against Apple Inc accusing the company for infringing its technology patents in a Florida federal court on Wednesday. Motorola Mobility, which runs its phones on Google android software, is seeking regulatory approval to be bought by Google Inc. Motorola said, “It was suing the iPhone maker for infringing six of its patents involving technologies related to wireless antennae, software, messaging and data filtering.” The company also...